Business
Asia shares falter as global tech sell-off spooks investors
Investors have been rotating out of technology giants and into cyclical stocks amid fears of AI disruptions to jobs Asian stocks faltered…
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Selloff
Business
Nvidia’s CEO dismisses fears AI will replace software tools as stock sell-off deepens
He says the worries are misguided, and that AI will rely on existing software rather than rebuild basic tools from scratch…
Business
BYD leads Chinese automaker sell-off on weakening sales
The sell-off highlights rising investor concern that China’s carmakers face a prolonged slowdown Shares of BYD sank to their lowest level…
Business
Tech selloff drags Europe stocks lower as SAP’s results disappoint
PE’S benchmark share index gave up early gains to close lower on Thursday, weighed by a selloff in technology stocks as results from…
Business
Bitcoin dips back below US$90,000 as global selloff deepens
BITCOIN slid to its lowest level in more than a week, tracking a sharp selloff across global financial markets as investors continued to…
News
US stocks: Wall Street posts biggest daily drop in three months, Trump Greenland tariff threat triggers wide selloff
— three major Wall Street indexes ended Tuesday with their biggest one-day drops in three months, in a broad selloff triggered by concerns…
Business
Japan's Nikkei plunges by most in seven months on tech selloff
Japan’s Nikkei share average sank by the most in more than seven months on Tuesday (Nov 18), as investors sold off tech stocks following…
Business
US: Wall Street tumbles as tech selloff extends, rate cut hopes fade
Wall Street’s main indexes dipped on Friday (Nov 14), driven by a renewed sell-off in technology stocks, while hawkish commentary from…
Business
Asia: Markets bounce from selloff as US jobs beat forecasts
ASIAN markets rose on Thursday to claw back some of the previous day’s hefty losses as investors tracked a bounce on Wall Street sparked…
Business
Wall Street regains footing as banks recover from sell-off
The U.S. stock market seems to be steadying on Friday, as banks recover some of their sharp losses from the day before. The S&P 500…
News
STI slips 0.8% amid regional sell-off after Trump’s latest tariff escalation
Property developer UOL is the STI’s top gainer, rising 2.4% or S$0.19 to S$8.15 Shares on the Singapore bourse closed lower on Monday (Oct…
News
US dollar mixed as yen sell-off wanes, euro hit by French politics
THE US dollar was mixed on Thursday (Oct 9) as a sell-off in the Japanese yen appeared exhausted for now, while the euro was dented by…
Business
China bonds see renewed selloff after stock market rebound
Chinese government bonds declined in Friday (Sep 5) afternoon trading as an equity rebound extended and higher yields at a longer-dated…
Business
Asia: Markets rally as Chinese stocks selloff eases
ASIAN markets mostly gained on Friday after an intense selloff of Chinese equities stalled this week, with rumours the country’s financial…
Business
Europe: Shares close higher as bond selloff cools
EUROPEAN shares ended higher on Wednesday, stabilising as investors assessed fiscal challenges after a selloff in longer-dated bonds had…
Business
STI rises 0.1% despite US big tech sell-off
Equities in Singapore rose slightly on Wednesday (Aug 20), as the market reacted to a sell-off among US big tech names such as Nvidia and…
Business
Options traders brace for Big Tech sell-off with ‘disaster’ puts
Options traders are increasingly nervous about a plunge in technology stocks in the coming weeks and are grabbing insurance to protect…
Business
US: Wall Street opens higher following Friday's dramatic selloff
Street’s main indexes opened higher on Monday (Aug 4) after a sharp pullback in the previous session, as markets priced in prospects of…
News
US: Wall St sell-off sparked by Trump tariffs, Amazon results, weak payrolls
Wall Street’s main indexes declined sharply on Friday (Aug 1) as new US tariffs on dozens of trading partners and Amazon’s unimpressive…
Business
Asia: Stocks bounce back after Treasury-led sell-off
Asian equities stabilised on Friday following the previous day’s US bond-fuelled sell-off with traders tracking a slight pullback in…
News
Asia: Equities track Wall Street sell-off as US deficit fears grow
Asian equities sank and Treasuries remained under pressure following sharp losses on Wall Street fuelled by US economy fears as Donald…
Business
S-Reits rebound from early April sell-off
Real estate investment trusts in Singapore (S-Reits) have rebounded strongly over the past two weeks, in line with the broader recovery in…
Business
US: Wall Street opens higher after selloff
Wall Street’s main indexes jumped at the open on Tuesday (Apr 22), as investors turned their focus to corporate earnings after President…
Business
Melania Trump-Backed Meme Coin Crashes 96%, Faces Insider Sell-Off Allegations
A cryptocurrency previously associated with USA's First Lady Melania Trump is now facing significant criticism. Its meme token, "Official…